A Mug of Tea Is an Example of Which One

question 18

Multiple Choice

A mug of tea is an example of which one of the following?

• A) An open system.
• B) A closed system.
• C) An isolated system.

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Definitions:

Disintermediation

A source of channel conflict that occurs when a channel member bypasses another member and sells or buys products direct.

Directly Sells

The practice of selling products or services directly to the consumer in a non-retail environment, avoiding traditional retail channels.

Vertical Conflict

Disagreements or disputes between different levels of the same distribution channel, such as manufacturers and retailers or wholesalers and retailers.

Marketing Channel

The pathways or routes through which goods and services flow from the producer to the consumer, including intermediaries like wholesalers and retailers.